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Still showing purple trend (Bear Trend) Price is below EMA25 and EMA50 Oneday Show by glove related stock, both 2days are high volume Avoid to stock which is not in rally trend
I have published my idea on Carepls prediction movements on Nov 24th 2020, and predict the stock price will slowly crawl back to around 4.34 or higher. Carepls ends up with the correction of triple three wave structures of w-x-y-z (refer to the chart), rather than double three w-x-y correction (based on my earlier published idea). This ends the wave B...
Glove counters in Bursa Malaysia have seen the selling pressure since the development of vaccine news. CAREPLS is in much immense pressure since the P/E ratio is at the high side (P/E = 45) as of 18 Nov 2020 compares to the other big counterparts (Topglove, Supermax, Hartalega etc.) We may see the price to go as low as RM1.90, that becomes the long term support...
General market sentiment is bearish towards glove stocks. While it is true there is no momentum on glove stocks recently, Carepls chart has not shown clear sign of bearishness of downward trend yet based on past 3.5 months period. There are no lower high and lower low trends on Carepls price chart yet. To be more specific, Carepls prices are moving in sideway and...
Price approaching green trend line and strong support at 2.60. Stoch already at oversold. MACD to confirm with cross up.
CAREPLUS IS POTENTIALLY BUY ON DEEP WITH GOOD RISK REWARD RATIO. TAYOR!!
Carepls plummeted on Aug and found support at Fibonacci 2.681, made successive breakout on downtrend line 1, however still hesitating on downtrend line 2. Our view on future bullish move is still weak since the price has broke below the uptrend line in red, followed by two consecutive days close below EMA 50. We would change our view to bullish when the price...
I made this just to anticipate the next move for Careplus using very basic trend analysis. Careplus latest QR published on 23rd Oct 2020; Revenue: RM122m (highest revenue so far) Profit After Tax: RM42m (highest profit so far) Market Cap: RM1.7b EPS: RM0.15 Positive Catalyst: Uptrend Covid-19 cases worldwide, short of gloves supply worldwide, secured gloves...
support level at 3.20 Resistance 1 : 3.50 Resistance 2 : 3.85 medical gloves are on demand globally so investing in careplus till 2021 shouldn’t be an issue. *Profitable company * If you bought at the higher price my suggestion is use this formula call (buy on deep) Buy On deep at 3.25 It’s helps you to lower your total unit price (Lower price vs more units...
go go go carepls Question you need to ask yourself :- 1) Is it UPTREND ? ema 20 > ema 50 2) Is it BULLISH ? price > ema 50 3) Is it STRONG BULL ? fift positive If yes, 4) Where is your Support and Stop Loss ? 3.5 (6%) 5) Where is your Entry Point ? 3.78 6) What is the % risk (Stop Loss - Entry Point)/Entry Point = 6% 7) Can you take this N% risk ? 8) you got...
Daily Chart 1. Potential change of trend with Green Pentagon 2. NS signal above 20 / 40 MA. Support is Solid Hourly Chart 3. Pullback with Spring 4. Green pentagon completed the pullback. Strong closing with good volume Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell...
Triggered 3rd Fast Turtle Buy This time Fast Turtle Buy is with ATOM Buy. MCDX+ Breaks above Banker's Moving Average FiFT +ve and gaining momentum. Accumulate and further buy above 3.50 Support around 2.55 - 2.75
Let's have a CUP of coffee while we are waiting. Enjoy the ride, this is the time.
MYX:CAREPLS CAREPLS Buy On Resistant Zone Break Out
MYX:CAREPLS Breakout Downtrend Line 52 Weeks High Line Fibbonaci Retracement Candlestick Support & Resistant Zone Trendline Support & Resistant
-Today there are 432 new cases of covid19 in our country. This is the record breaking figure compared to previous high of 315 on 16th March 2020. -Are we battling covid19 part 2 which is stronger in nature? Or is it just we as human who always take for granted and neglect the SOP and getting loose on everything. -nearest resistance at 3.80 and if broken we will be...
Bullish set uo noted. neckline or resistance broken. either you want to wait for the R to be tested and becomes S, or you just want to jump in right a way.